Multiple Choice QuestionA provision under which the insured pays a flat dollar amount each time a covered medical service is received is called:Multiple choice question.coinsuranceflat rate paymentcopaymentdeductible
Question
Multiple Choice QuestionA provision under which the insured pays a flat dollar amount each time a covered medical service is received is called:Multiple choice question.coinsuranceflat rate paymentcopaymentdeductible
Solution
The correct answer is "copayment". This term refers to a fixed amount that an insured individual pays for a covered healthcare service, after they've paid their deductible.
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